Logo-color Logo-white

Daily Pivots: (S1) 0.8328; (P) 0.8377; (R1) 0.8409; More…. Intraday bias in USD/CHF stays neutral. On the downside, firm break of 0.8333 resistance turned support will argue that corrective rebound from 0.8038 has completed at 0.8475, after rejection by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. Intraday bias will be back on the downside […]

The post USD/CHF Mid-Day Outlook appeared first on Action Forex.

previous

EUR/USD Mid-Day Outlook

next

GBP/JPY Weekly Outlook

Read More

23/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8538; (P) 0.8556; (R1) 0.8567; More… Intraday bias in EUR/GBP remains neutral at this point and outlook is unchanged. On the downside, break of 0.8535 minor support will bring retest of 0.8491/7 support zone. Firm break there will resume larger decline. However, considering bullish convergence condition in 4H MACD, sustained break of […]
08/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6655; (P) 0.6702; (R1) 0.6762; More… With 0.6759 minor resistance intact, further decline is expected in AUD/USD. Fall from 0.6870 short term top would target 55 D EMA (now at 0.6612). Some support could be seen there to bring rebound on first attempt. On the upside, however, break of 0.6759 minor resistance […]
04/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2627; (P) 1.2652; (R1) 1.2689; More… Intraday bias in GBP/USD remains neutral for the moment, and some more range trading could be seen. On the upside, break of 1.2826 will resume whole rally from 1.2036. However, break of 1.2611 will indicate short term topping, and turn bias back to the downside for […]